SpiceJet claims to have paid $10 million to three lessors from whom the airline had taken six Boeing 737 aircraft on lease. Sources told BusinessLine that with the payment on Monday, the airline does not have any outstanding with these three ...

Aviation stocks witnessed massive selling pressure on Monday and fell over 3 per cent after jet fuel price was hiked by a steep 8.2 per cent late on Sunday. Shares of Jet Airways tumbled 5.27 per cent intra-day before settling 3.3 per cent down on ...

Jet Airways India Ltd lost 4.32% to Rs423.25, while SpiceJet Ltd lost 4.77% to Rs21.95. Photo: Abhijit Bhatlekar/Mint Mumbai: Airline stocks fell on Monday after oil retailers raised the prices of jet fuel by 8.2% on Saturday, the first such ...

Indian low-cost carrier Spicejet is being hauled back from the brink of collapse by its new owner. Ajay Singh, who helped launch Spicejet a decade ago, agreed this year to acquire 58 per cent of the near-bankrupt carrier and inject an initial INR500 ...

SpiceJet today resumed its service to Hubballi from Bengaluru and Mumbai. Union Minister for Chemicals and Fertilisers Ananth Kumar flagged off the inaugural flight at Kempegowda International Airport here. While it will be twice daily from ...

NEW DELHI -- In a bid for solvency, Indian budget airline SpiceJet announced it had made good on outstanding income tax the day after Ajay Singh, one of the airline's original founders, formally took control. Close SpiceJet co-founder Ajay ...

During the day, the stock had surged 6.41 per cent to touch a 52-week high of Rs 25.70 on the BSE. The stock lost some ground and was trading at Rs 24.95, up 3.31 per cent over its previous closing price at the end of today's trade. Accordingly, the market ...